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Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

iShares U.S. Basic Materials ETF (PACF:IYM)

Countertrend Up (+85) - IYM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid IYM?

MarketClub looks at technical strength and momentum to determine if the timing is right for IYM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_IYM
Open High Low IYM Price Change
145.32 145.90 145.32 145.69 +1.22
Entry Signal

MarketClub’s Trade Triangles for IYM

long term up The long-term trend has been UP since Dec 14th, 2023 at 135.530

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 145.605

short term down The short-term trend has been DOWN since May 22nd, 2024 at 145.870

Smart Scan Analysis for IYM

Based on our trend formula, IYM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IYM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.32 145.90 145.32 145.69 +1.22
Prev. Close Volume Bid Ask Time
144.47 2480 2024-05-24 12:37:09
Year High108.32Year High Date2018-01-29
Year Low85.2Year Low Date2018-10-26
52wk High149.7952wk High Date2024-04-09
52wk Low119.215352wk Low Date2023-10-25
Year End Close69.31Average Volume18,767
Shares Outstanding6,100Assets5,984M
Beta1.31Volatility23.85
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